I am honestly of the belief that Twitter is still alive because Musk is pulling money from his own pockets to do so. He’s cut a lot of spending, but Twitter is up to it’s eyeballs in debt… Because Musk bought it. Plus with fleeing advertising, the cash flow just isn’t there.
Because remember: the 44 bn USD didn’t go to Twitter — it went to Twitter shareholders to buy them out. So Twitter has no additional money in the piggy bank.
It’s limping on, but I only think because someone or something is feeding it cash.
:baba_yaseen: -> yassie_j@labyrinth.zone
in reply to :baba_yaseen: -> yassie_j@labyrinth.zone • • •Content warning: re: Thinking about Twitter's money situation
Twitter WILL run out of money. Either it’s own or someone else’s.
It’s a matter of time before the lights go out. I just can’t say when.
:sm64_h: :sm64_e: :sm64_r: :sm64_t: :sm64_o: :sm64_g:
in reply to :baba_yaseen: -> yassie_j@labyrinth.zone • • •Content warning: re: Thinking about Twitter's money situation
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:baba_yaseen: -> yassie_j@labyrinth.zone
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Shiri Bailem
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like this
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Clementine
in reply to :baba_yaseen: -> yassie_j@labyrinth.zone • • •Content warning: Thinking about Twitter's money situation
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:baba_yaseen: -> yassie_j@labyrinth.zone
in reply to Clementine • • •Content warning: re: Thinking about Twitter's money situation